670 Bethel Ave Memphis, TN 38107
Property details
About 670 Bethel Ave
***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.
Highlights
Summary
- MLS Number: 10174536
- Office Name: Memphis Metro Realty
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Last updated on: 2/22/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$300,000
670 Bethel Ave
$3,563
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 04, 2017 | Home Sold | $185,000 |
Feb 18, 2005 | Home Sold | $45,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $68,760 | $4,188 |
2023 | $68,760 | $4,188 |
2022 | $68,760 | $4,237 |
2021 | $68,760 | $4,237 |
2020 | $12,000 | $869 |
2019 | $12,000 | $869 |
2018 | $12,000 | $493 |
2017 | $12,000 | $459 |
History based on county public records data.
Nearby schools
3
Kipp Memphis Collegiate Elementary School
Public Charter KG-4
0.4 mi
•230 Henry Ave
3
Memphis Scholars Caldwell-Guthrie (ASD)
Public Charter PK-5
0.7 mi
•951 Chelsea Ave
3
Downtown Elementary School
Public Magnet PK-5
1.5 mi
•10 N 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,174. The majority of Memphis, TN residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 670 Bethel Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $300,000.
While more than 33 listings in Memphis, TN in January 2025 were sold above asking price, there were more than 72 listings sold at asking price, and more than 166 were sold below. The number of homes for sale in Memphis, TN increased by 11.7% between December and January 2025.